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61 Percent of Americans Now Believe It’s a Good Time to Buy a Home WASHINGTON, DC – July 7, 2020 – The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) increased 9.0 points in June to 76.5, building further on the prior month’s advance after approaching a survey low in April. Four of the six HPSI components increased…
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With all of the volatility in the stock market and uncertainty about the Coronavirus (COVID-19), some are concerned we may be headed for another housing crash like the one we experienced from 2006-2008. The feeling is understandable. Ali Wolf, Director of Economic Research at the real estate consulting firm Meyers Research, addressed this point in a recent interview: “With…
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BELLINGHAM, Wash. — Oct. 3, 2019 — eXp Realty, The Real Estate Cloud Brokerage and a subsidiary of eXp World Holdings, Inc. (NASDAQ: EXPI), today launched Express Offers, its new home-buying and selling platform for U.S. eXp Realty agents and their clients. Express Offers allows eXp Realty agents to submit homes on behalf of their clients…
Read MoreThe Federal Reserve lowered its benchmark interest rate by another quarter of a percentage point on Wednesday to a range of 1.75% to 2%, citing concerns over a global economic slowdown. Mortgage rates aren’t directly tied to the Fed’s interest rate, but they do tend to be influenced by them. Following its meeting, the Fed signalled…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.